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Last month a 16-year old girl from India created a digital currency price ticker that tracks the price of cryptocurrencies like bitcoin cash, ethereum, and many others. However, when Harshita Arora introduced the iOS application to members of the bitcoin community who patronize the Reddit forum /r/bitcoin, she was accused of plagiarizing the app. Unfortunately, even though the accusations were false, Arora was further discriminated for being a woman, while commenters also speculated that an individual at her age couldn’t possibly create an iOS platform. Also read: The 65 Percent Price…

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The South Korean government is considering introducing an approval system for cryptocurrency exchanges based on the Bitlicense model, developed by the New York State Department of Financial Services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Bitlicense Comes to Korea The South Korean regulators are considering introducing an approval system for cryptocurrency exchanges, Business Korea reported. An official participating in the government’s virtual currency task force, which has been discussing the matter, revealed on Monday: We are positively considering the adoption of an exchange approval system as…

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Iceland is the ideal place to mine bitcoin. Thanks to the cold coupled with relatively cheap electricity costs, the region has drawn its share of bitcoin mining operations. This year alone energy expended on crypto mining will exceed that of typical domestic usage, according to reports.   Also read: Internet Pioneer Who Influenced Assange & Snowden Dead at 70 Iceland Mining Expected to Double to 100 Megawatts “Four months ago, I could not have predicted this trend,” Johann Snorri Sigurbergsson, Hitaveita Sudurnesja’s business development manager, announced incredulously, “but then bitcoin skyrocketed…

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The hack of Italian exchange BitGrail involving Nano (XRB) has caused a rift between cryptocurrency’s biggest names after its owner asked Nano to alter its ledger. BitGrail Owner Wanted Ledger Change To ‘Cover Losses’ While the hack affected a tiny number of cryptocurrency holders, BitGrail’s choice of remedy has led to ricochets involving Ethereum co-founder Vitalik Buterin, Bitcoin Core developer Greg Maxwell and others. BitGrail, a low-level operation, reportedly lost “17 million” XRB tokens last week. While the exchange remained silent on the specific events, Nano published a blog post…

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This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. EDU Ecosystem (LiveEdu) successfully completed Round I of their ICO by raising $10M. The company is wasting no time in starting on their roadmap targets, announcing plans to open an engineering office in Kiev, Ukraine this April in addition to their planned Southern California office.…

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Nvidia is raking in profits thanks to cryptocurrency mining and an increased demand for their GPUs — and for CEO Jensen Huang, the utility of cryptocurrency is obvious. “It’s Not Going to Go Away” As Bitcoin and other cryptocurrencies continue to explode into the mainstream consciousness, so too does the demand for high-powered GPUs capable of generating the best results when mining — the process of confirming transactions. The demand for GPUs has helped cause American technology company Nvidia Corporation’s shares to skyrocket 8 percent, up to $234.04, with an…

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The head of the Chechen Republic, Ramzan Kadyrov, has admitted to buying a fraction of a Bitcoin, stating he is looking forward to following its price. Chechen Leader Buys ‘A Fraction’ of a Bitcoin The head of the Chechen Republic, Ramzan Kadyrov, revealed to the Russian press that he purchased a “fraction” of a bitcoin. He also acknowledged that he is interested in keeping tabs on the cryptocurrency’s progress. “I already said that blockchain technology will be introduced in the Chechen republic,” Kadyrov wrote on his Telegram on Saturday. He…

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Last year bitcoin had a phenomenal run leading up to its all-time high of $19,600 per BTC this past mid-December. The price over the past few weeks had since dipped to a low of $5,900 on Monday, February 5, losing close to 65 percent of its value in a short period. The dip has ‘rekt’ a lot of cryptocurrency traders but the ‘richest bitcoin holders’ have gained thousands more BTC taking full advantage of these significant price variances. Also read: Following Money Through the Bitcoin Laundry Is Not So Easy Bitcoin…

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Bitcoin and cryptocurrency mining have provided a consistent and growing market for the computer hardware manufacturers that produce the relevant chips for each segment. The main player on the GPU side (in contrast to ASIC mining) in 2017 was Nvidia, but even it could not anticipate the strong demand from miners as the year progressed. Also Read: Nvidia Tries to Limit GPU Sales to Cryptocurrency Miners Mining Boosts Earnings Nvidia Corporation (NASDAQ: NVDA), the graphics processing unit (GPU) manufacturer, has reported a record revenue for the fourth quarter (which ended…

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The Japanese financial regulator will be issuing its first warning since the legalization of cryptocurrencies as a method of payment in Japan. An overseas initial coin offering agency has reportedly been attracting Japanese investors without a license, repeatedly ignoring the agency’s advice to cease operating in the country. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies FSA’s Warning Japan’s Financial Service Agency (FSA) will issue a warning to an unregistered initial coin offering (ICO) agency, which has been conducting business in Japan without a license, Nikkei reported.…

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